Peer-to-peer exchanges of excess bandwidth could one day be commonplace, says a firm that is attempting to monetize redundant internet capacity. It wants to create a marketplace for selling internet data throughput that has been already bought by organizations, but which is often dormant during out-of-work hours — the bandwidth is customarily just lying around then, not being used.
Dove Network wants to “do to the telecom industry what Airbnb did to the hotel industry,” co-founder Douglas Schwartz told me via email.
The idea is that those with excess data capacity, such as a well-provisioned office or data center, which may not be using all of its throughput capacity all of the time — such as during the weekend — allocates that spare bandwidth to Dove’s network. Passing-by data-users, such as Internet of Things-based sensors or an individual going about business, would then grab the data it, he, or she needs; payment is then handled seamlessly through blockchain smart contracts.